GBM Developers and Promoters Private Limited
About GBM Developers and Promoters Private Limited
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GBM Developers and Promoters Private Limited is a private limited company based in Chandigarh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45200CH2005PTC029018. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹37 Lakh. It is led by directors including Subhash Bansal (Managing Director) and Anand Garg (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Sf – 12 Plot No. 143A Second Floor City Emporium Mall Industrial Area Pha, Se 1, Chandigarh, India – 160002.
As per the financials filed for FY 2019, the company reported a revenue of ₹59.52 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹27.87 Lakh (net margin -46.8%) and EBITDA of -₹24.25 Lakh (EBITDA margin -40.7%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 31 cases involving the company, including 7 filed by the company and 24 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
GBM Developers and Promoters Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSf – 12 Plot No. 143A Second Floor City Emporium Mall Industrial Area Pha, Se 1, Chandigarh, India – 160002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of GBM Developers and Promoters Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of GBM Developers and Promoters is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of GBM Developers and Promoters Private Limited, buy the company report.
Financials of GBM Developers and Promoters Private Limited
FY 2019 filings availableGBM Developers and Promoters Private Limited reported revenue of ₹59.52 Lakh (down 69% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over three years, including a 69% fall in the latest year. EBITDA fell 374% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹59.52 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹24.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.7% | ||||
| Net Profit Margin | -46.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of GBM Developers and Promoters Private Limited, buy the company report.
Board of directors of GBM Developers and Promoters Private Limited
GBM Developers and Promoters has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Garg Also directs: G B M Colonizers Private Limited | Whole-Time Director | 30 Jan 2012 | 14 Years 9 Months | Current |
| Sumehak Bansal Also directs: GBM Buildcon LLP, Aquartis Water India Private Limited, Aquartis Innovations Private Limited and 2 more | Director | 05 Oct 2016 | 10 Years 1 Months | Current |
| Subhash Bansal Also directs: GBM Buildcon LLP, Aquartis Water India Private Limited, Aquartis Innovations Private Limited and 4 more | Managing Director | 30 Sep 2005 | 21 Years 1 Months | Current |
Peer comparison
GBM Developers and Promoters Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harsha Associates Private Limited | ₹59.54 Lakh (FY 2024) | 102.0% | Delhi, India | |||
| GBM Developers and Promoters Private Limitedthis company | ₹59.52 Lakh (FY 2019) | -₹27.87 Lakh | -46.8% | -69.0% | 1 | Chandigarh, India |
| Kothari Builders Pvt Ltd | ₹59.5 Lakh (FY 2024) | -19.0% | Mumbai, Maharashtra, India | |||
| Muse Dealers Private Limited | ₹59.5 Lakh (FY 2022) | 68.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of GBM Developers and Promoters Private Limited, buy the company report.
Auditor
GBM Developers and Promoters Private Limited is audited by J N SHARMA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J N SHARMA & CO | FY 2019 | 000833C |
Shareholding
The shareholding of GBM Developers and Promoters Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of GBM Developers and Promoters Private Limited, buy the company report.
Legal cases
GBM Developers and Promoters Private Limited has 31 court cases on record: 7 filed by GBM Developers and Promoters, 24 filed against it. 5 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 21 | 3 |
| Supreme Court | 4 | 0 | 2 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Criminal miscellaneous application | Filed against the company by India Infoline Housing Finance Ltd | Pending |
| District court, Mohali, Punjab | Criminal miscellaneous application | Filed against the company by India Infoline Housing Finance Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| Supreme Court | Court case (3802-Matters Relating To Consumer Protection : SLPs relating to Consumer Protection.) | Filed by the company against individuals | Pending |
To see the full case history of GBM Developers and Promoters Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GBM Developers and Promoters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GBM Developers and Promoters Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
GBM Developers and Promoters has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of GBM Developers and Promoters Private Limited, buy the company report.
Recent activity
GBM Developers and Promoters Private Limited has 11 board changes on record since 2005: 3 appointments and 8 cessations. The latest: Sumehak Bansal ceased to be Additional Director on 30 Sep 2017.
2 earlier events are in the company report.
Frequently asked questions
GBM Developers and Promoters is an active private limited company based in Chandigarh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 September 2005 (21+ years old) and is registered under CIN U45200CH2005PTC029018.
GBM Developers and Promoters has 3 current directors:
- Subhash Bansal - Managing Director
- Anand Garg - Whole-Time Director
- Sumehak Bansal - Director
The latest financial statements of GBM Developers and Promoters on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. GBM Developers and Promoters has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of GBM Developers and Promoters is U45200CH2005PTC029018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GBM Developers and Promoters has 31 court cases on record: 7 filed by the company and 24 filed against it. 5 are pending. Most are in the district courts.
GBM Developers and Promoters was incorporated on 30 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of GBM Developers and Promoters by revenue are Harsha Associates Private Limited, Kothari Builders Pvt Ltd, Muse Dealers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sumehak Bansal ceased to be Additional Director on 30 Sep 2017. Amit Bansal ceased to be Director on 05 Oct 2016. Sumehak Bansal was appointed as Director on 05 Oct 2016. GBM Developers and Promoters has 11 board changes on record in total.
The registered office of GBM Developers and Promoters is at Sf – 12 Plot No. 143A Second Floor City Emporium Mall Industrial Area Pha, Se 1, Chandigarh, India – 160002.
GBM Developers and Promoters operates in the real estate and construction industry, in the real estate builders and developers segment.
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